Hans Pars has been appointed CEO of the world's oldest property funds, Amsterdam-listed Wereldhave. Pars (46) is currently CIO at the VastNed group and will remain in that function until the end of the year. Pars' appointment is dependent on the approval at Wereldhave shareholders at April's AGM. He will replace current CEO Gijs Verweij.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
